Gannett Co. Inc. (GCI) Plunges 5.2% on December 18

Equities Staff  |

Gannett Co. Inc. (GCI) had a rough trading day for Friday December 18 as shares tumbled 5.2%, or a loss of $-0.14 per share, to close at $2.55. After opening the day at $2.69, shares of Gannett Co. Inc. traded as high as $2.70 and as low as $2.55. Volume was 1.9 million shares over 3,659 trades, against an average daily volume of n/a shares and a total float of 137.96 million.

As a result of the decline, Gannett Co. Inc. now has a market cap of $351.8 million. In the last year, shares of Gannett Co. Inc. have traded between a range of $7.06 and $0.63, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Gannett Co. Inc., check out Equities.com’s Stock Valuation Analysis report for GCI.

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Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The company's brands include the USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

Gannett Co. Inc. is based out of McLean, VA and has some 21,255 employees. Its CEO is Michael E. Reed.

Gannett Co. Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Gannett Co. Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: GCI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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